First facility 45MW expansion online
Company: Applied Digital - Project: Jamestown
What the later record shows
Delivered late
The remaining 45 MW was not fully online by the end of Q2 2022, when just over 90 MW was online. Full capacity of about 105 MW was reported as of May 31, 2023, with no exact completion date.
“The facility began energizing in late January 2022 and had over 90MW online as of June 2022.”
2022-08-25 · Earnings Release View cached copy (2026-10-08)Live source ↗Archive.org ↗
“As of May 31, 2023, the facility had approximately 105 MW of capacity, which is fully contracted with our customers.”
2023-08-01 · Applied Digital 10-K filed 2023-08-02 View cached copy (2026-09-13)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Remaining 45MW of the first facility expected to be brought online during the second calendar quarter of 2022
Source (primary)
Applied Digital S-1/A filed 2022-03-21 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “with the remaining 45MW expected to be brought online during the second calendar quarter of 2022”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The S-1/A states that the first facility came online for 55MW on February 2, 2022, with the remaining 45MW expected online during the second calendar quarter of 2022.
Confirmed in the source:
- The remaining 45MW of Applied Blockchain's first facility (North Dakota) was expected to be brought online during the second calendar quarter of 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922036163/tm2124821-21_s1a.htm) in full (555,375 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1/A filed 2022-03-21
Quote: “with the remaining 45MW expected to be brought online during the second calendar quarter of 2022”
confirms Applied Digital 10-K filed 2023-08-02
Quote: “As of May 31, 2023, the facility had approximately 105 MW of capacity, which is fully contracted with our customers.”
confirms Earnings Release
Quote: “The facility began energizing in late January 2022 and had over 90MW online as of June 2022.”